counting waves with Awesome Oscillator

counting waves with Awesome Oscillator
Hello, I’m looking for a way to count the up waves (like elliott waves) and if the parameter drops close to the long position. Example: 1. wave 1 high, 2. wave high and now period lower than high 2. wave. I use the Awesome Oscillator for it.

Is there a way to analyze and count the waves?

Example: Go long if Awesome oscillator cross over zero and now: close long position after the high of the 1st wave (X marked)
(If the new period is lower than the high.)
Does anyone have an example or solution for that?

Hello,

it can be easy I presume. Can you mark on the screenshot where you would like to exit? I am not sure

There is an easy way how to count “waves” using Lowest / Highest function. See example attached

Hello, I have improved the idea because the indicator is too slow.

I have reversal points and i want to count them:
The low as a variable: MA3 [1] is larger than MA3 [2] and MA3 [2] is smaller than MA3 [3]
The high as a variable: MA3 [1] is smaller than MA3 [2] and MA3 [2] is larger than MA3 [3].

Now I want to count the highs, how many highs are above the SMA13.

If 2 highs are above the SMA13 as a variable and then MA3 gets smaller, I want to close the long position.

How could you realize that?
thanks for your help

It can be done as well. Is the MA3 a moving average (3) ?

Will make an example on this

Yes, the MA3 mean the simple moving average 3

hello tomas, you have an example on this above ?

regards

Hello, how can i reset the longBreakCounter to 0  ?, so the EA is waiting for the next LONG Signal ?
in my Go Long Rule, the Counter is under the max value (see Picture)

My Value for reset can be  SMA12 under SMA26.
How can i do this ?
thank you

Hello,

you need to add a new action “Assign Variable” and set LongBreakCouter to 0. Let me know if any questions

You can send your project to [email protected] or attach here, I will check